Why parents should fear childcare going the way of Carillion

16 May 2018

www.pexels.com

Posted By: SG   |   Source: The Guardian   |   URL: https://bit.ly/2rJArYM

 

There has been a major change in the way childcare is provided in the UK, with 84% of care for children aged 3 and under now in the hands of private companies. There are fewer and fewer state-funded nurseries, and now that government subsidies are paid directly to parents, many of those are struggling to survive. There is also a growing 2-tier system, with richer families able to access better childcare than poorer families.

“As demand for childcare has grown, big companies have increasingly been muscling in. One recent market research conference discussed the “hot market” of childcare, and its investment opportunities.”

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Institution: Author: Helen Penn